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HomeMy WebLinkAbout10/22/1982 (Special) . REPORT #1 REPORT TO THE COUNCI L t.1EETI NG OF NOVEt1BER 1, 1982 Mayor Rickard and Members of Council:- The following recommendation to Council was made at a Special Meeting of the General Purpose and Administration Committee held on October 22 1982: THAT whereas the Council of the Town of Newcastle recognizes the substantial benefits to the Community that are provided by the "Splash Pool"; and WHEREAS thereis a requirement for the balance of the "Splash Pool" capital project to be funded by the end of the term of this Council of the Town of Newcastle; and WHEREAS the Council of the Town of Newcas tl e recogni zes that the "Sp 1 ash Poo I" Fundraising Committee" will remain active and make every attempt to collect the Outstanding pledges over the next term of the Council of the Town of Newcastle; THEREFORE BE IT RESOLVED, that the unfunded balance of the "Splash Pool" capital project as of November 30, 1982 be funded through the Lot Levy Reserve Fund and the Parkland-Cash-In-Lieu Reserve Fund on a 50/50 basis; and FURTHER BE IT RESOLVED that any monies raised by the "Splash Pool Fundraising Committee" subsequent to November 30 1982 be returned to the Lot Levy Reserve Fund and the Parkland Reserve Fund on a 50/50 basis. . Respectfully submitted . ~' R. Bruce Taylor, Chairman October 22 1982 ~?' '1' ~/ ..ij ~.